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SPACETALK LTD — Capital/Financing Update 2021
Sep 9, 2021
65842_rns_2021-09-09_730a7b79-fe2a-49a9-b985-87ba6612bb7c.pdf
Capital/Financing Update
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ASX Announcement Spacetalk Ltd. (ASX: SPA) 10 September 2021
Debt Drawdown
Spacetalk Ltd. (ASX:SPA) is pleased to announce that it has today drawn down the second tranche of $2 million funding under its loan facility with PURE Asset Management Pty Ltd.
The drawn funds are to be used for the purchase of inventory, geographic expansion, brand investment, working capital and general corporate purposes.
This announcement has been authorized by Spacetalk CEO Mark Fortunatow.
-ENDS-
For more information, please contact: Vivek Miranda Investor Relations and Corporate Development [email protected]
Spacetalk Ltd. (ASX:SPA) ABN 93 091 351 530 The Parks, Suite 13, 154 Fullarton Road, Rose Park, South Australia 5067 P: (08) 8104 9555 spacetalk.com.au